1106 W 5th St Kill Devil Hills, NC 27948
Estimated Value: $636,812 - $702,000
3
Beds
3
Baths
1,704
Sq Ft
$394/Sq Ft
Est. Value
Highlights
- Second Refrigerator
- Coastal Architecture
- Garage
- First Flight Middle School Rated A-
- Cathedral Ceiling
- Wet Bar
About This Home
As of February 2023This new build is located two lots off of the Bay Drive Multi-Use Path, which is the longest pedestrian walking and biking trail on the main beach. Vacasa rental projection $75,0000-$50,0000/yr depending on furnishings and amenities. Ask your agent for more details. **Built by SimpleSide Construction, winner of the Judge's Excellence Award and People's Choice Award in the 2022 Annual Outer Banks Parade of Homes!** The cottage has 3 bedrooms and 2 bathrooms on the top level. The ground level has another bonus room with a private access, bathroom en-suite and kitchenette. This unit also has it's own heating and cooling via a mini-split. This could serve as a great office, in-law suite or airbnb unit! GREAT ADDED POTENTIAL. The open-concept living area, kitchen and dining have vaulted ceilings and ample natural light, recessed lighting and light fixtures. The kitchen will have quartz countertops, GE stainless steel appliances, quality, soft close cabinetry with dove tail construction. The master bedroom on the top level will have vaulted ceilings and a walk-in closet with built in storage. The master en-suite has a double vanity with cultured marble top. The two guest bedrooms share with hallway bathroom. Head to the ground level to another room with an attached bathroom. Additional upgrades made like Luxury Vinyl Plank flooring throughout the entire cottage. The kitchenette with refrigerator and plumbing on the first floor recreation room. * About the Community: Wright Shores is a great community with deeded amenities like private community sound access on Bay Drive and private beach parking, next to the proposed Target. There is no active homeowners association. There are no restrictions to short or long-term rentals. ** About the Builder: Simpleside Construction builds to their 'Simple Standard of Quality'. Ask your agent for this document, site plan and spec booklet.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $609
Year Built
- Built in 2022
Lot Details
- 6,048 Sq Ft Lot
- Landscaped
- Level Lot
- Property is zoned RL
Home Design
- Coastal Architecture
- Beach Box Architecture
- Cottage
- Asphalt Shingled Roof
- Wood Siding
- Lap Siding
- Piling Construction
- Vinyl Construction Material
Interior Spaces
- 1,704 Sq Ft Home
- Wet Bar
- Cathedral Ceiling
- Ceiling Fan
- Living Room
- Dining Room
- Utility Room
- Luxury Vinyl Plank Tile Flooring
- Fire and Smoke Detector
Kitchen
- Oven or Range
- Microwave
- Second Refrigerator
- Ice Maker
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
- 3 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- Garage
- Carport
- Tuck Under Parking
- Off-Street Parking
Outdoor Features
- Covered Deck
- Exterior Lighting
Utilities
- Forced Air Heating and Cooling System
- Mini Split Air Conditioners
- Heat Pump System
- Mini Split Heat Pump
- Municipal Utilities District Water
- Private or Community Septic Tank
Listing and Financial Details
- Tax Lot 50
Community Details
Overview
- Built by Simpleside Construction
- Wright's Shores Subdivision
Amenities
- Common Area
Recreation
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 25, 2024
Sold by
Schillizzi Michael P and Schillizzi Jessica N
Bought by
Pa Coastal Llc
Total Days on Market
85
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,250
Outstanding Balance
$501,309
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$160,629
Purchase Details
Listed on
Oct 12, 2022
Closed on
Feb 22, 2023
Sold by
Simpleside Construction Inc
Bought by
Schillizzi Michael P
Seller's Agent
Natalie Painter
Preserve Realty Co
Buyer's Agent
Anna Hunt
Brindley Beach Vacations & Sales - KH
List Price
$629,000
Sold Price
$619,000
Premium/Discount to List
-$10,000
-1.59%
Views
6
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.04%
Original Mortgage
$557,100
Interest Rate
6.33%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 18, 2022
Sold by
Drosos Living Trust
Bought by
Simpleside Construction Inc
Purchase Details
Closed on
May 3, 2021
Sold by
Grissom Kimberly K and Grissom Eugene Alton
Bought by
Drosos George P and Drosos Catherine L
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Kill Devil Hills, NC
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pa Coastal Llc | $675,000 | None Listed On Document | |
| Schillizzi Michael P | $3,095,000 | -- | |
| Simpleside Construction Inc | $140,000 | Gray & Lloyd Llp | |
| Drosos George P | $95,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pa Coastal Llc | $506,250 | |
| Previous Owner | Schillizzi Michael P | $557,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/24/2023 02/24/23 | Sold | $619,000 | 0.0% | $363 / Sq Ft |
| 01/05/2023 01/05/23 | Pending | -- | -- | -- |
| 01/01/2023 01/01/23 | Price Changed | $619,000 | -1.0% | $363 / Sq Ft |
| 12/16/2022 12/16/22 | Price Changed | $625,000 | -0.6% | $367 / Sq Ft |
| 10/25/2022 10/25/22 | For Sale | $629,000 | 0.0% | $369 / Sq Ft |
| 10/20/2022 10/20/22 | Pending | -- | -- | -- |
| 10/12/2022 10/12/22 | For Sale | $629,000 | -- | $369 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,673 | $353,800 | $84,500 | $269,300 |
| 2023 | $2,673 | $353,800 | $84,500 | $269,300 |
| 2022 | $609 | $84,500 | $84,500 | $0 |
| 2021 | $609 | $84,500 | $84,500 | $0 |
| 2020 | -- | $84,500 | $84,500 | $0 |
| 2019 | -- | $65,300 | $65,300 | $0 |
| 2018 | -- | $65,300 | $65,300 | $0 |
| 2017 | -- | $65,300 | $65,300 | $0 |
| 2016 | -- | $65,300 | $65,300 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Natalie Painter
Seller's Agent in 2023
Natalie Painter
Preserve Realty Co
(252) 256-9535
74 Total Sales
-
Anna Hunt
Buyer's Agent in 2023
Anna Hunt
Brindley Beach Vacations & Sales - KH
(252) 573-8934
82 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 120562
APN: 002156000
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Information is deemed reliable but not guaranteed.
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